The Last Under $20,000 New Cars Left in the US Market
Things are dire on the new car market right now if you’re looking for basic transportation. Average transaction prices have been trending toward the 50 grand mark for the last three years at least, and part of the reason for that trend has been the total gutting of the inexpensive end of automakers’ new car lineups.
With the rising cost of living and stagnant wages, finding an affordable new car has become increasingly challenging. However, there are still a few options left for those seeking a brand-new vehicle under $20,000.
1. Nissan Versa
The Nissan Versa is one of the last remaining new cars in the US market priced under $20,000. Starting at just $14,930, the Versa offers a spacious interior, good fuel economy, and a comfortable ride. While it may lack some of the bells and whistles of more expensive models, it is a reliable and affordable option for budget-conscious buyers.
2. Chevrolet Spark
The Chevrolet Spark is another subcompact car that comes in under the $20,000 mark. With a starting price of $13,400, the Spark offers excellent fuel efficiency and nimble handling. It may not have the most luxurious interior or the most powerful engine, but it is a practical and affordable choice for urban dwellers or first-time car buyers.
3. Kia Rio
The Kia Rio is a compact car that starts at $16,050, making it an attractive option for those on a tight budget. It offers a comfortable ride, user-friendly technology features, and good fuel economy. While it may not have the same level of refinement as some of its competitors, the Rio provides excellent value for the price.
4. Hyundai Accent
The Hyundai Accent is another affordable option in the subcompact car segment. With a starting price of $15,395, the Accent offers a spacious interior, a smooth ride, and a long list of standard features. It may not have the most powerful engine or the most upscale cabin, but it delivers on reliability and affordability.
5. Ford Fiesta
The Ford Fiesta is a compact car that starts at $15,235, making it one of the last remaining new cars under $20,000. It offers agile handling, a comfortable interior, and a range of available tech features. While it may not have the most spacious back seat or the most advanced safety features, the Fiesta is a fun and affordable option for those on a budget.
6. Mitsubishi Mirage
The Mitsubishi Mirage is one of the most affordable new cars on the market, with a starting price of just $14,295. It offers excellent fuel efficiency, a compact size for easy maneuverability, and a low cost of ownership. While it may not have the most powerful engine or the most luxurious interior, the Mirage is a practical and economical choice for budget-conscious buyers.
While the options for new cars under $20,000 are becoming increasingly limited, there are still a few choices available for those on a tight budget. Whether you’re looking for a subcompact car or a compact sedan, these models offer affordability without compromising on reliability or practicality.
It’s important to note that while these vehicles may lack some of the high-end features and luxury of more expensive models, they still provide reliable transportation at an affordable price. For those who prioritize value and practicality over luxury and prestige, these cars offer an excellent choice.
As the cost of new cars continues to rise, it’s becoming more challenging for budget-conscious buyers to find affordable options. However, with careful research and consideration, it is still possible to find a brand-new vehicle under $20,000 that meets your needs and budget.
So, if you’re in the market for a new car and don’t want to break the bank, consider one of these remaining options. From the Nissan Versa to the Mitsubishi Mirage, there are still affordable choices available for those seeking basic transportation without compromising on quality.
Sources:
https://jalopnik.com/these-are-the-last-under-20-000-new-cars-left-in-the-u-1850874436
